Commercial Development Parcel
Vacant Land
for Sale
| Catylist Listing ID: |
30847281 |
| Property Subtypes: |
Retail, Self Storage
|
| Gross Land Area: |
7.20 Acres
|
| Sale Price: |
$4,704,480 |
| Unit Price: |
$653,400 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/23/2023 |
Overview / Comments
7.2 Acres Commercial Zoned parcel on Knights Trail just north of Laurel Road at the intersection of Rustic Road and Knights Trail within the City Limits of Venice. Knights Trail is scheduled to connect from Laurel Road to Clark Rd (SR 72).This parcel is an outparcel to a 300 Multi-Family units and 400 Single Family Homes for Rent. Adjoining property to the south is being developed into 380 Multi-Family units. Over 1,500 approved single family homesites being development within a 1 mile radius of the site.
Rustic Road is being constructed as an east/west connection under I-75 between Laurel Road & Honore Ave. This site will be developed in conjunction with the Multi-Family / Single Family for Rent Community. The site will be delivered with utilities stubbed to the site and off-site water retention.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0365002000 |
| Property Visibility: |
Excellent |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
8,208 |
48,711 |
| Median Age: |
58.97 |
61.88 |
| Households: |
3,954 |
25,142 |
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The information presented herein is provided as is, without warranty of any kind.
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